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Three Top Biotechnology Stocks to Enhance Your Portfolio with StockNews

© Reuters.Three Top Biotechnology Stocks to Enhance Your Portfolio

Illumina (NASDAQ :), Jazz Pharmaceuticals (NASDAQ :) and Amgen (NASDAQ :) are the top three biotechnology stocks. The sector has been performing poorly over the past few years, but may start to outperform given the aging population, poor reputation and growth potential. iShares Nasdaq Biotechnology ETF (IBB). Although it’s only up 6.22% in 2021 compared to the 13% rise in the S & P 500, the fundamentals of biotech companies remain attractive as the cost of drug development has dropped significantly. ..

Moreover, with the aging population, demand for new therapies remains strong. In addition, many pharmaceutical companies have barren pipelines, which could increase M & A activity for companies adopting promising treatments.

Therefore, investors should consider purchasing high quality biotechnology stocks such as: Illumina (IlluminaILMN)., Jazz Pharmaceuticals (jazz).,and Amgen (Amgen)...

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Three Top Biotechnology Stocks to Enhance Your Portfolio with StockNews

https://www.investing.com/news/stock-market-news/3-top-biotech-stocks-to-bolster-your-portfolio-2539522 Three Top Biotechnology Stocks to Enhance Your Portfolio with StockNews

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